March NY world sugar #11 (SBH26) today is up +0.07 (+0.48%), and March London ICE white sugar #5 (SWH26) is down -4.00 (-0.95%). NY sugar prices are higher today due to the weak dollar, but London sugar is trading lower. More News from Barchart Higher global sugar production is weighing on sugar prices.  Unica reported last Wednesday that Brazil's cumulative 2025-26 Center-South sugar output through December rose by +0.9% y/y to 40.222 MMT.  Also, the ratio of cane crushed for sugar rose to 50.82% in 20 ...

March NY world sugar #11 (SBH26) on Wednesday closed down -0.21 (-1.41%).  March London ICE white sugar #5 (SWH26) closed down -6.40 (-1.50%). Sugar prices tumbled to 1-week lows on Wednesday.  Higher sugar production in Brazil is bearish for prices after Unica reported Tuesday that Brazil's cumulative 2025-26 Center-South sugar output through mid-December rose by +0.9% y/y to 40.158 MMT.  Also, the ratio of cane crushed for sugar rose to 50.91% in 2025/36 from 48.19% in 2024/25. More News from Barchart ...

Group 1 - Sugar prices are experiencing upward movement due to the strength of the Brazilian real, which has led to short covering in sugar futures [1] - The Indian Sugar Mill Association reported a significant increase in sugar production for 2025-26, with a year-on-year rise of 25% to 11.90 million metric tons (MMT) [2] - The Indian government is considering allowing additional sugar exports to alleviate domestic supply issues, with a quota of 1.5 MMT set for the 2025/26 season [3] Group 2 - Brazil's sugar production is projected to decline by 3.91% to 41.8 MMT in 2026/27, which may impact future sugar supplies [4] - Brazil's crop forecasting agency, Conab, has raised its sugar production estimate for 2025/26 to 45 MMT, indicating a bearish outlook for prices [5] - The cumulative sugar output in Brazil's Center-South region has increased by 1.1% year-on-year to 39.904 MMT as of November 2025-26 [5]

Core Viewpoint - Sugar prices are experiencing mixed trends, with New York sugar reaching a 2.25-month high while London sugar prices are declining, influenced by production forecasts from Brazil and India [1][2][3][4][5] Group 1: Brazil's Sugar Production - Brazil's sugar production for 2026/27 is expected to decrease by 3.91% to 41.8 million metric tons (MMT) from 43.5 MMT in 2025/26, with exports projected to fall by 11% year-on-year to 30 MMT [1] - Conab has raised Brazil's 2025/26 sugar production estimate to 45 MMT from 44.5 MMT, indicating a bullish outlook for production [4] - Cumulative sugar output in Brazil's Center-South region increased by 1.1% year-on-year to 39.904 MMT through November 2025/26 [4] Group 2: India's Sugar Production - The India Sugar Mill Association (ISMA) has increased its 2025/26 sugar production estimate to 31 MMT, reflecting an 18.8% year-on-year increase [3] - Indian sugar production from October 1 to December 15, 2025-26 surged by 28% year-on-year to 7.83 MMT, contributing to a potential increase in exports [3] - India's food ministry has allowed mills to export 1.5 MMT of sugar in the 2025/26 season to alleviate domestic supply issues [2] Group 3: Global Sugar Market Outlook - The International Sugar Organization (ISO) forecasts a sugar surplus of 1.625 million metric tons in 2025-26, reversing a deficit of 2.916 million metric tons in 2024-25, driven by increased production in India, Thailand, and Pakistan [5] - Global sugar production is projected to rise by 3.2% year-on-year to 181.8 million metric tons in 2025-26 [5] - Sugar trader Czarnikow has revised its global sugar surplus estimate for 2025/26 to 8.7 MMT, an increase of 1.2 MMT from a previous estimate [5]

March NY world sugar #11 (SBH26) today is up +0.25 (+1.67%), and March London ICE white sugar #5 (SWH26) is up +6.00 (+1.41%). Sugar prices are seeing support after consulting firm Safras & Mercado today forecasted that Brazil's sugar production in 2026/27 will fall -3.91% to 41.8 MMT from 43.5 MMT expected in 2025/26.  The firm expects Brazil's exports in 2026/27 to fall -11% y/y to 30 MMT. More News from Barchart Last Thursday, sugar prices fell to 5-week lows amid prospects of higher sugar exports f ...

March NY world sugar #11 (SBH26) on Thursday closed down -0.28 (-1.90%), and March London ICE white sugar #5 (SWH26) closed down -6.40 (-1.52%). Sugar prices fell sharply on Thursday to 1-week lows today amid prospects of higher sugar exports from India, after India's food secretary said the government may permit additional sugar exports to reduce a domestic supply glut.  Last month, India's food ministry said it would allow mills to export 1.5 MMT of sugar in the 2025/26 season.  India introduced a quota ...

March NY world sugar #11 (SBH26) on Monday closed up +0.02 (+0.14%), and March London ICE white sugar #5 (SWH26) closed down -3.00 (-0.70%). Sugar prices settled mixed on Tuesday.  Ramped-up sugar production in India is limiting the upside in sugar prices.  Last Monday.  The India Sugar Mill Association (ISMA) reported that Indian sugar production from Oct-Nov jumped +43% y/y to 4.11 MMT.  The ISMA also reported that 428 sugar mills in India were crushing cane as of November 30, up from 376 a year ago. M ...

March NY world sugar #11 (SBH26) today is up +0.15 (+1.02%), and March London ICE white sugar #5 (SWH26) is up +6.50 (+1.54%). Sugar prices are climbing today on some bullish news from the European Union.  European sugar producers are expected to cut sugar acreage by 10% for the 2026-27 season, following a 10% drop in sugar beet acreage for the current 2025-26 season, according to a representative from the annual cane and beet growers conference in London. More News from Barchart Sugar prices fell sharp ...

Core Insights - Sugar prices have recently declined sharply due to increased production in India, with a reported 50% year-on-year increase in sugar production from October to November, reaching 4.1 million metric tons (MMT) [2] - Brazil's sugar production outlook is also bearish, with the country's crop forecasting agency raising its 2025/26 sugar production estimate to 45 MMT, contributing to downward pressure on prices [3] - The International Sugar Organization (ISO) forecasts a sugar surplus of 1.625 million metric tons for the 2025-26 marketing year, driven by increased production in India, Thailand, and Pakistan [6] Production and Supply Dynamics - Indian sugar production has surged, with 424 sugar mills crushing cane as of November 30, up from 382 the previous year, and cumulative cane crushed reaching 46.8 MMT, an increase from 33.4 MMT year-on-year [2] - Brazil's Center-South sugar output in the first half of November rose by 8.7% year-on-year to 983 thousand metric tons, with cumulative output through mid-November increasing by 2.1% year-on-year to 39.179 MMT [3] Market Reactions and Future Outlook - Sugar prices rallied to six-week highs last Friday due to concerns about tighter global supplies, although recent adjustments in Brazil's production estimates have contributed to bearish sentiment [4] - India's food ministry's decision to allow mills to export 1.5 MMT of sugar in the 2025/26 season, down from earlier estimates, is expected to support sugar prices [5] - The ISO's forecast of a 3.2% year-on-year rise in global sugar production to 181.8 million metric tons in 2025-26 indicates a significant shift in market dynamics [6]

March NY world sugar #11 (SBH26) today is up +0.05 (+0.33%), and March London ICE white sugar #5 (SWH26) is down -1.60 (-0.37%). Sugar prices are mixed today, with NY sugar posting a 5-week high.  Strength in the Brazilian real (^USDBRL) is supportive of sugar prices, as the real rose to a 1-week high against the dollar today, discouraging export sales by Brazil's sugar producers. More News from Barchart Sugar also has carryover support from Wednesday when StoneX cut its Brazil 2026/27 Center-South sug ...